Temporary suspension from trading
The Financial Supervisory Authority has decided to temporarily suspend from trading on regulated market all financial instruments issued by Glitnir banki hf., Kaupþing banki hf., Landsbanki Íslands hf., Straumur-Burðarás fjárfestingarbanki hf., Spron hf. and Exista hf.
The Financial Supervisory Authority has concluded that uncertainties regarding the issuers are likely to disrupt normal price formation, and as such, any trading could be detrimental for investors. Furthermore, this decision has been made to ensure equal treatment of investors, as the Issuers cannot ensure confidentiality of price-sensitive information which has not been made public.